TIDMARC

RNS Number : 2269E

Arcontech Group PLC

26 October 2022

ARCONTECH GROUP PLC

("Arcontech" or the "Company")

Appointment of Non-Executive Director

Arcontech (AIM: ARC), the provider of products and services for real-time financial market data processing and trading, is pleased to announce the appointment of Raj Nagevadia as Non-Executive Director, effective on 26 October 2022.

Raj is the current Chief Financial Officer (CFO) of Bfinance, a financial services consultancy, and holds a wealth of experience in financial managerial roles across the technology sector, primarily as a CFO. Prior to Bfinance, Raj was CFO of SecureData Europe, a cyber security management service, where he oversaw a broad range of acquisitions. Before this, Raj was CFO of NetNames (formerly Group NBT), the AIM quoted internet services provider, for over 10 years. Here, Raj managed the company's acquisition strategy as well as aiding in the sale of the Company to Hg Capital in 2011.

 
 Enquiries: 
 Arcontech Group plc 
 Geoff Wicks, Chairman and Non-Executive 
  Director                                                     07713 214484 
 Matthew Jeffs, Chief Executive                               020 7256 2300 
 
 finnCap Ltd (Nomad & Broker)                                 020 7220 0500 
 Carl Holmes / George Dollemore 
  (Corporate Finance) 
  Harriet Ward (ECM) 
 
 To access more information on the Group please visit: www.arcontech.com

The following information on Rajesh Prabhudas Nagevadia, aged 58, is provided in accordance with Rule 17 and Schedule 2, Paragraph (g) of the AIM Rules for Companies:

Mr. Nagevadia holds or has held the following directorships/partnerships in the past five years:

 
 Current Directorships/Partnerships   Former Directorships/Partnerships 
 Bfinance Group Holdings Limited      None 
                                     ----------------------------------

There is no further information to be disclosed pursuant to Schedule 2, Paragraph (g) of the AIM Rules for Companies.

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END

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(END) Dow Jones Newswires

October 26, 2022 10:15 ET (14:15 GMT)

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